The housing bubble and resulting mortgage crisis summarized in a single picture:
Hat tip: The Mess That Greenspan Made
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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
Bringing true wisdom forward:
ReplyDeleteNonsense. While its true that the Govt will soon own wall street, no way they will stay in DC.
As soon as the Govt buys wall st, they will pack up their bags and move to Palos Verdes - the true center of the universe - you know we have Raytheon out here right?
It is at that point I will swoop in, graphs in hand, and buy my Arlington ped-a-terre for pennies on the dollar. Cest la vie...
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